PROFILE:
The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.
RESOURCES:
Gujarat is one of the leading industrial states in India and textile industry in particular had contributed in a big way to the industrialisation of the State. In fact, development of many industries likes, Dyestuff, Chemicals, Engineering/Foundry and Cotton farming is solely dependent on this sector. The State is well known for development of Hybrid Cotton, Ginning, power looms, composite mills, spinning units and independent processing Houses. Gujarat being the largest producer of cotton, has obtained tremendous opportunities towards higher and higher value addition product by setting up Modern Process Houses (with the technology of low polluting and less energy costs) in one hand and Knitwear/Ready-made Garments in a big way on the other to fulfil the domestic and international market. Investment opportunities may be, therefore, explored for Cotton Ring Spinning (25,000 spindles), Open End Spinning (1000 rotors), Modern Process House, Shuttleless Weaving (50 looms), Ready-made garments unit and Non-woven and Technical Textile unit with appropriate technology.Bandhani or Bandhej of Gujarat is one of the best tie and dye fabrics in India.Dhamadka and Ajrakh, Mashru are some of the other fabrics of Gujarat. Dhamadka is the art of printing fabrics with wooden blocks. Mashru is a mixed fabric, woven with a combination of cotton and silk. It was originally used by Muslim men, as they were prohibited from wearing pure silk.
GOVERNMENT POLICIES:
The Gujarat government is planning to come up with a policy to boost the textile and apparel industry in the state and help it remain competitive in the post-quota regime of the World Trade Organisation. Gujarat’s textile policy provides incentives that are more favourable for large textile units. It provides 25% capital subsidy on purchase of machineries. Custom duty on textile machinery is only 5%. Also, various human resource development activities for the textile industry have been initiated by state government. Subsidy at 50% of R&D expenditure is provided to industries carrying out research. Interest subsidy at 3% is provided for capital equipment for five years. Assistance is also provided for infrastructural development, market promotion and environment protection. Gujarat is also the largest producer and exporter of cotton, the production of which has been increasing over time. So raw material is plentiful. It is the largest producer of denim. Surat is a strong base for synthetic fibers and provides a big market.
OPPORTUNITIES FOR ENTREPRENEURS:
Gujarat has a large flourishing textile industry which contributes to the arts and crafts of India. Following are some of the identified projects in textile industry:
· Pigment Binders for Textile Printing
· Cotton Ginning and Pressing
· Textile Dyeing & Printing mill
· Sewing Thread Reels
· Textile Weaving Mill
· Cotton Yarn Dyeing
http://www.niir.org/profiles/profiles//z,,75,0,a/index.html
· Jeans, Cotton Casuals & Shirts
· Cotton Buds / Swabs
· Carding Cloth
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Niir Project Consultancy Services (NPCS) provides you detailed project reports (DPR) on the above fields. Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.
We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counselling for setting up new industrial projects on the following topics.
Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.
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